net worth

Meanings

• noun

  The total value of all assets, both liquid and illiquid, owned by an individual or organization.

  - "John Doe has a net worth of $10 million."
  - "The net worth of Bill Gates is estimated to be over $100 billion."

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Rhymes

Words rhyming with net worth
birth , earth , mirth , worth

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Variants

List of all variants of net worth that leads to same result
worth , worths , worth one's salt , for all I am worth , for all I'm worth , for all he is worth , for all he's worth , for all it is worth , for all it's worth , for all one is worth , for all she is worth , for all she's worth , for all they are worth , for all they're worth , for all we are worth , for all we're worth , for all you are worth , for all you're worth , worthed , worthing , Lake Worth , Worth , Lake , worth a go , worth a tinker's damn , worth every penny , worth her weight in gold , worth his weight in gold , worth one's weight in gold , worth their weight in gold , make it worth your while , worth someone's while

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Etymology

origin and the way in which meanings have changed throughout history.

The term 'net worth' is derived from accounting, where it refers to the difference between a company's or an individual's total assets and total liabilities.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The richest person in history, according to some estimates, is Mansa Musa of Mali, who is believed to have had a net worth of over $400 billion in today's dollars.

2. Net worth is not always a reliable indicator of happiness or well-being. Some studies have shown that people with higher net worths do not necessarily report greater levels of happiness or life satisfaction.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. assets: Tangible and intangible resources owned by an individual or organization, including cash, investments, property, and equipment.

2. liabilities: Debts or obligations owed by an individual or organization, including loans, credit card debt, and mortgages.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Net worth is a significant measure of financial success and wealth. It is often discussed in the context of celebrity wealth, business success, and personal finance.

How to Memorize "net worth"

1. visualize
   

   - Imagine a balance scale with assets on one side and liabilities on the other. Net worth is the difference between the two.

2. associate
   

   - Associate net worth with the idea of financial security and stability.

3. mnemonics
   

   - Use the acronym N-E-T-W-O-R-T-H: Net Earnings, Taxes, Wages, Other income, Retirement savings, Total debts, Home equity, and Total assets.

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